B+

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$452,000

658 Lester Street, Houston, TX, 77007

Off Market

2 Beds

2 Bath

1,930 Sq Ft

Condos / Townhouses

$206.48 / sqft

Built in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Concrete, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,738 sqft

Building Information

Year Built2000

Garage Spaces2

Land Information

APN1199290010044

SubdivisionTin Alley Amend

Land UseResidential

Legal DescriptionTR 7 BLK 1 TIN ALLEY AMEND

Census Tract510801

Assessed Land Value$216,045

Assessed Improvement Value$149,748

Assessment Year2025

About this property

Welcome home to this FANTASTIC Rice Military/Washington Corridor contemporary townhome in a gated, intimate community! This 3 story, 2 bed/2 bath/2 car garage home has LOADS of custom features and 2 balconies! Soaring ceilings and stained concrete floors sweep you into a home that shines with the pride of ownership! Lots of windows and natural light! Mature trees! The main living area and kitchen are on the 2 second floor and boast wide plank wood floors, open floor plan! Upgraded kitchen features SS appliances, granite, pendant lights, subway tile backsplash! Family room boasts a cozy gas log fireplace and custom cabinets. Great balcony off of kitchen space! Escape to the third floor owners retreat with dual sinks and walk-in closets! Minutes from Downtown Houston and Memorial Park! LOTS of great shopping and dining!

Investor Tools

$452,000

Estimated Property Value

$0Estimated Mortgage Balance

$112,021Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,712 /month

Positive

Cash Flow Estimate:

$904 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$369/month

$1,783/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,163

$365,793

2025

$216,045

$149,748

$365,793

Tax History

Year

Tax Paid

Assessed Value

2024

$2,163

$365,793

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gibraltar Mortgage Services Llc

Conventional

$365,500

First

Aug 1, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$339,979

$112,021

24%

75%

$2,192/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$3,975/mo

$-2,015/mo

5.2%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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